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RE: How to safely and securely claim your Litecoin Cash from the Litecoin Hard Fork

in #litecoin • 7 years ago (edited)

Brilliant post and thanks for the information. Quick question even if I do not own a full litecoin will I still be able to claim the proportionate amount x10 in LCH ?

7 years ago in #litecoin by
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     7 years ago (edited) 

    They've stated there's no minimum amount to claim. Provided it's not in an Exchange and you have access to the private keys at the time of fork yes.

    The process is essentially the same:

    1. HODL in your own wallet until the fork is announced
    2. Sweep the snapshotted wallet to a new wallet (to ensure you don't loose any LTC if things go wrong)
    3. Export the swept wallet's private key from LTC
    4. Import the swept wallet's private to LCC

    Under no circumstances import a live LTC wallet into LCC as you may risk the balance.

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     7 years ago  

    Thank You so much the help is appreciated.

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       7 years ago  

      Just remember if you have any doubts, don't compromise your crypto.

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       7 years ago  

      Thank you for all the info, this was my question as well. Found this via a google search. Really enjoying Steemit because it promotes clear and concise information sharing!

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